Site Plans to Use Money to Hire More Staff, Finance U.K. Launch

Online news site Business Insider said it raised an additional $12 million in funding from investors including Amazon.com Inc. Chief Executive Jeff Bezos.

The site plans to use the money for growth efforts including hiring more journalists and photographers as well as to help finance a launch into the U.K., Business Insider Chief Executive Henry Blodget said. The money will also go to expanding the site's subscription research and...